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October 11, 2000 | Reuters
The U.S. antitrust trial against top credit card networks Visa and MasterCard drew closer to a resolution when a federal judge canceled oral arguments, paving the way for a decision that could reshape the credit-card industry. A member of the courthouse staff said Judge Barbara Jones has canceled oral arguments, the final courtroom phase in a U.S. government trial accusing Visa and MasterCard of colluding to stifle competition and innovation.
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BUSINESS
October 11, 2000 | Reuters
The U.S. antitrust trial against top credit card networks Visa and MasterCard drew closer to a resolution when a federal judge canceled oral arguments, paving the way for a decision that could reshape the credit-card industry. A member of the courthouse staff said Judge Barbara Jones has canceled oral arguments, the final courtroom phase in a U.S. government trial accusing Visa and MasterCard of colluding to stifle competition and innovation.
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